Report argues trading CFDs is on the increase April 11, 2011 ACCORDING to a report from Investment Trends, contracts for difference (CFD) trading is on the rise, with trader numbers increasing from 18,000 to 25,000 in the year to October 2010. The figures are based on a large online survey of UK traders. As well as showing that the number of CFD traders rose by almost [...]
RISING COSTS CAST SHADOW ON EARNINGS April 11, 2011 CFD MARKET STRATEGIST, GFT AFTER months of pressure, Portugal finally gave in last week and approached the European Commission for financial aid. This caused widespread relief, as the EU has been desperate to create a firewall between Greece, Ireland and Portugal and the rest of the Eurozone. The consensus is that this latest bailout will [...]
Prices soar, but don’t sell the family silver any time soon April 11, 2011 LAST week saw silver break the $40 a troy ounce barrier for the first time since 1980. Though contracts for difference (CFD) traders may be getting wide eyed about the potential for $50 silver prices, they should be cautious about setting their sights too high. In common with gold, flight into silver is primarily driven [...]
THE TIPSTER AIRLINES, ENERGY, NEWS AND BOOKIES April 11, 2011 RISING fuel prices and the ongoing threat of industrial action at its British Airways division is making it a difficult time for International Consolidated Airlines, despite last week’s encouraging traffic figures. Clearly any progress in the Libya situation may help ease oil prices and in turn give the sector as a whole something of a [...]
Euro fears to take edge off FTSE rally this week April 10, 2011 SURGING commodity prices spurred UK shares on to another weekly gain on Friday, and a seven-week high for the blue-chip FTSE 100 index. Yet we expect the market to take a hit on th open this morning, with focus shifting back towards Europe. In out-of-hours trading, GFT is forecasting the UK index to open down [...]
WALL STREET WEEK AHEAD April 10, 2011 The upcoming US earnings season may not be the time for investors to buy aggressively, because this year’s winners already reflect earnings optimism. The first-quarter reporting period, which begins today with results from aluminium company Alcoa, follows three months of solid gains that have brought stocks close to two-and-half-year highs. Other top names reporting next [...]
Cleaning up: how selling soap can make millions April 10, 2011 THE 90s recession didn’t really affect me. Well, apart from the fact I couldn’t find a job – that’s why I created one,” says Lara Morgan casually. She describes that job simply as “selling soap.” But more accurately, it was a multi-national hotel toiletry supplier called Pacific Direct that grew into a business that supplied [...]
ENTREPRENEURS NEWS | IN BRIEF April 10, 2011 BAD WEBSITES COST YOU MONEY A total of 46 per cent of British consumers have cancelled plans to spend with a small business after finding a poor quality website, according to research released today by 1&1 Internet Ltd, www.1and1.co.uk, a web hosting business. From a study of more than 1,800 UK adults, 37 per cent [...]
BUILDING THE BRITISH DREAM TODAY April 10, 2011 PETER JONES ENTREPRENEUR YOU will be familiar with the American Dream – a message that says whoever you are, you can make it if you strive hard enough. What I want to see now is a British Dream, one that shows real people in this country that they can make it too. Building a British [...]
Portugal’s economy is losing its bottle April 10, 2011 PORTUGAL surprised nobody when it became the latest of the debt riddled periphery Eurozone nations to go cap in hand to the EU in search of a bailout. The country’s interim government sought external aid after the bond auction on Wednesday sent the yields on 6 and 12-month bonds to new highs. The Portuguese capitulation [...]
